Unless we have a Quick Reversal in these Financials lopsided options Friday Shaping !

Discussion in 'Chit Chat' started by BlueStreek, Apr 13, 2009.

  1. up, citi and bac afterhours just crazy, think of the calls last wed, in trading vehicles like XLF, C, BAC, JPM, AXP, GE, AND IF they run them straight through til Friday, I am sure somebody was caught off guard with the magnitude of this financial move.

    For example, take C, with even after Wells news was 3 a share on Thursday, and then boom.......crazy move of almost 1 , and then AH, shorts must be thinking C is moving up there earnings for tomorrow morning, probably just an exacerbated short squeeze though, but still a dramatic move so close to options expiration:)